Financing solutions for every dealer within a supply chain
The Channel Financing programme provides financing to all dealers of a corporate, catering to both backward and forward supply chain linkages. Dealer Financing meets the working capital needs by providing additional liquidity to dealers for procuring goods from Corporates. A revolving line of credit in the nature of an overdraft is provided for dealers of the Corporate and payment from such working capital facility is restricted to corporates only. Customized information reports are provided to both corporates and dealers under this programme.
Product features may change without notice -for all Products offering.
Withdraw your deposit in units as low as INR 1/-
Operational ease and efficiency in transactions
Steady and cheaper source of Working Capital financing
Additional facility for Dealer which increase liquidity for increased off-take
Channel partners may be able to increase profitability by availing cash discounts from Anchor Corporate.
Flexibility of scheduling payments – part-payment, pre-payment options
View our hosts of other benefits
View our hosts of other benefits:
Funding without the constrain of collateral security requirement
Increased appetite for goods
Attractive finance charges
No change in existing system
Dealer can continue with whatever facilities and loans they are currently receiving from their banker.
Click To Apply
Audited P&L and balance sheet along with tax audit reports for Last 3 years
Constitution deeds (Article of Associates, Partnership Deed etc.)
Last 3 years IT returns of Dealer and promoters/guarantors
Bank statement for the last 6 months - not older than 3 months
AOF and KYC documents as applicable
Details of all borrowings from Banks/NBFC etc.
Signed and accepted Sanction Letter
Execution of Loan Agreement
Undated cheque for recourse
Personal Guarantee of the Proprietor /Partners / Director
DP Note, DP Letter, Letter of Continuity
Q. How do I qualify for channel finance?
YES Bank has channel finance tie ups with most of the established brands. Eligibility parameters vary from brand to brand. Please contact YES Bank channel finance team (contact details are given)
Q. Do I need to provide collateral security for availing channel finance?
No. Most of the channel finance programs are approved without collateral. However in certain cases partial collateral may be stipulated.
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